Tranche Update on Dream Unlimited Corp.'s Equity Buyback Plan announced on September 19, 2022.

Dream Unlimited Corp. is a Canada-based company, through its wholly owned subsidiary, Dream Asset Management Corporation, is a developer of office and residential assets in Toronto, owns assets in both Canada and the United States, and has an asset management business, inclusive of assets under management across four Toronto Stock Exchange listed trusts, its private asset management business and numerous partnerships. The Company develops land, residential and assets in Western Canada. Its segment includes recurring income and development. The Company has asset management and development management agreements with Dream Industrial REIT, Dream Residential REIT and various development partners. It is engaged in mixed-use developments in the Greater Toronto Area and National Capital Region, land, housing, retail/commercial, hospitality asset and multi-family rental developments in Saskatchewan and Alberta. Its projects include Distillery District, 262 Jarvis, Weston Common and 70 Park.